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SBA 7(a) franchise lending portfolio
ESL FCU
AVERAGE risk
- Total loans
- 21
- Loan volume
- $2.2M
- Avg loan size
- $105K
- Default rate
- 12.5%
- vs 15.4% national avg
Defaults
1
Avg interest
6.65%
Franchises funded
12
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway | 4 | $298K | — |
| The Junkluggers | 3 | $204K | — |
| Fresh Coat | 2 | $77K | 100.0% |
| Plato's Closet | 2 | $250K | 0.0% |
| Juiceblendz | 2 | $85K | 0.0% |
| Closets by Design | 2 | $671K | — |
| 1-800-Packouts | 1 | $40K | 0.0% |
| Rita's Ice-Custard-Happiness | 1 | $25K | 0.0% |
| Monster Tree Service | 1 | $329K | 0.0% |
| 1-800-Dryclean.com/1-800-Drycl | 1 | $75K | 0.0% |
| Pinot's Palette | 1 | $125K | — |
| Woofie's | 1 | $35K | — |
Lending volume by year
2'15
1'16
3'17
3'18
2'19
1'24
9'25
Geographic exposure
2112.5%
Portfolio summary
Total funded$2.2M
Defaults1 of 21
Risk tierAVERAGE
Avg rate6.65%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).